Brazil

Tuesday, August 17th 2010 - 09:33 UTC
Poll confirms Brazilian incumbent presidential candidate Rousseff 11 points lead

Brazilian presidential candidate Dilma Rousseff has an 11 percentage point lead over former Sao Paulo Governor Jose Serra before the country’s October elections, according to an Ibope poll published by TV Globo network and O Estado do Sao Paulo newspaper.
Tuesday, August 17th 2010 - 09:22 UTC
Petrobras admits ‘minor’ conservation problems on several oil platforms

Brazil's government managed oil giant Petrobras CEO admitted Monday that minor conservation problems exist on some of the company's platforms in the Campos Basin, off the country's south-eastern coast.
Tuesday, August 17th 2010 - 09:05 UTC
On-shore natural gas find could supply 30% of Brazil’s domestic demand

Brazilian oil and gas company OGX said Monday that a new onshore field in the north-eastern state of Maranhao holds up to 15 trillion cubic feet of natural gas.
Monday, August 16th 2010 - 04:35 UTC
Ms Rousseff strongly supports national capital in Brazilian airlines

Brazilian incumbent presidential candidate Dilma Rousseff strongly supported Brazilian majority participation in airlines although admitted not having been in touch with last week’s announcement of a merge between Lan Chile and Tam Brazil to become the largest Latinamerican air carrier.
Saturday, August 14th 2010 - 03:07 UTC
“Inflation expectations” gear Brazilian central bank rates policy

Brazilian central bank President Henrique Meirelles said analysts were surprised by a smaller- than-expected interest rate increase in July because they misunderstand signals sent by policy makers beforehand.
Friday, August 13th 2010 - 06:48 UTC
Indian, Brazilian, South African navies in trilateral war games

Four Indian warships are being dispatched for a two-month-long overseas deployment along the African coast this week, which will culminate in complex trilateral war games among Indian, Brazilian and South African navies.
Friday, August 13th 2010 - 06:33 UTC
Brazil halts operations on Petrobras oil platform citing safety reasons

Brazil's oil regulator said on Thursday it halted operations of state oil company Petrobras' (PETR4.SA: Quote) offshore P-33 platform, citing safety concerns. The announcement follows oil workers union claims that the rig was “dangerous”.
Thursday, August 12th 2010 - 04:05 UTC
China on course to become biggest foreign direct investor in Brazil

China's direct investment in Brazil has surged, putting China on course to be the biggest foreign direct investor in Latin America's largest economy this year.
Wednesday, August 11th 2010 - 06:07 UTC
Two leading Brazilian banks join to expand operations in Africa

Two leading Brazilian banks have agreed to acquire stakes in BES Africa, a holding company belonging to Portugal’s biggest publicly traded bank that makes investments in Africa.
Tuesday, August 10th 2010 - 01:21 UTC
Lula da Silva underlines as his main legacy relation with the Brazilian people

With less than five months in office and a public opinion support of 80%, President Lula da Silva considers his most important legacy the relation established between the presidency and the Brazilian people.